Rotork scheme moves from deficit to £9.3m surplus

Scheme moved from £8m deficit in December 2022 to £9.3m surplus by June 2023

Holly Roach
clock • 1 min read
Rotork scheme moves from deficit to £9.3m surplus

The UK defined benefit (DB) pension scheme of manufacturing firm Rotork moved from a deficit to a £9.3m surplus in the first six months of the year, according to its interim results.

The firm's results - published today (8 August) - revealed the scheme moved from a deficit of £8m in December 2022 to a surplus of £9.3m as at 30 June 2023. The firm said this was primarily due ...

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